Latest News from IBI
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State of the US boating industry is ‘cautious optimism’
NMMA president Frank Hugelmeyer shares key insights during his Miami keynote
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News
Bold new boat launches in Miami signal optimism in a down market
Scout Boats, Highfield Boats USA launch 13 boats between them
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Omaya Yachts announces rebrand of Elica Yard
Move seen as a natural progression following the success of its debut model last year
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“Flagship industry event” opens in Miami amid many changes
The show’s opening ceremony and ribbon-cutting were held on the rooftop of the brand-new US$100m Coastal Convention Center
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African Boating Conference confirmed for Cape Town in October
Last year’s ABC made history as Africa’s first, uniting diverse boating stakeholders
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Burgess expands US footprint with new Palm Beach office
This marks the company’s second location in Florida and its fifth in the US
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8th Egypt Boat Show highlights local manufacturing and marina development
Last week’s event showcased Egypt’s growing marine industry, featuring over 80 exhibitors and increasing global participation
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French nautical industry blasts new recreational boat tax as unjust, ineffective
As of next year the tax will be calculated based on a boat’s engine power measured in kW
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AWC AS acquires 82% of Sleipner Motor – enters into partnership with CEO Ronny Skauen
The company will continue to operate independently, preserving its existing management, organisational structure, brand, and strategy
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MasterCraft – acquisition of MPX represents strength on strength
MasterCraft’s CEO Brad Nelson and CFO Scott Kent say addition of Chaparral, Robalo brands to bring “enormous” new opportunities for US boat builder
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Four in a row for Miami show?
85th Miami International Boat Show aims to surpass US$1bn in direct economic impact for fourth straight year
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Xylem Q4 revenues up 6%
Higher revenues, net incomes prompt growth outlook for Rule, Jabsco and Flojet parent
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Management changes at Northpoint
Northpoint Commercial Finance appoints Gary Childress vice president of sales
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Bodrum Yacht Meet explores challenges of Turkish market
The workshop attracted strong participation and significant interest, particularly from the Bodrum region
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AquaAmp expands into UK with new distributor appointment
IMP will manage sales, support, and distribution of US firm’s wireless charging products
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Bahraini builder charts global expansion with European debut
IBI speaks with H Al Dhaen’s CEO about new models, market expansion, and backing from Bahrain’s Sovereign Wealth Fund
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Kongsberg Maritime to become standalone business following shareholder agreement
The independent company will be listed on the Oslo Stock Exchange from April 23
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Henri-Lloyd appoints chief marketing officer
Tom McMullen brings over 10 years of expertise in brand, marketing, and commercial leadership in premium and performance apparel
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RAD Propulsion partners with Charged Marine to drive North American expansion
The move follows the UK-based specialist’s recent office opening in South Carolina
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Rio Boat Show 2026 reschedules dates to launch Brazil’s boating season
Latin America’s largest outdoor boat show will take place from April 11-19
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Sunreef appoints dealer for Western Balkans and Adriatic
Appointment strengthens Polish builder’s sales and aftersales coverage in the region
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Vitters Shipyard issues Project Zero update
Construction of the 72m ketch is in its final stages; load-out planned for spring
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Black Sea yachting season faces delay over oil contamination
Pollution along Russia’s Black Sea coast stems from a tanker accident in the Kerch Strait in December 2024
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Antal acquires French marine distributor, creates new Antal Group
Deck hardware manufacturer boosts presence in France, enhancing support and product offerings for yacht builders
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Beneteau reports H2 2025 sales turnaround, confirms growth for 2026
Full-year revenues reached €849m, reflecting a marked improvement in sales trends
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Brunswick named to Newsweek’s America’s Greatest Workplaces for Women 2026
The ranking is based on over one million reviews from female employees nationwide
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Bespline, Curve Works acquire Danish mould systems specialist
The acquisition follows Adapa’s bankruptcy filing in July 2025
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Linssen Yachts reports “exceptionally successful” boot Düsseldorf
The Dutch yard sold six yachts, including four new and two pre-owned
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Dutch builder appoints US sales partner for the Americas
Agreement expands Steeler Yachts’ reach across North America, Central America and the Caribbean
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OneWater Marine sells off Ocean Bio-Chem business
$50m divestiture of cleaning product venture part of long-term refocus on core operations
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South Africa’s first Unmanned Surface Vessel delivered to Middle East
The 9.5m Sea Serpent USV is a collaboration involving Noble Concentric Solutions, Legacy Marine, and Icarus Marine
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Sasga Yachts buys Nautic Center Mallorca, rebranding it Sasga Palma
Merged entity to be Sasga’s official sales and service headquarters in Mallorca
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Flexiteek strengthens leadership with new production manager in Poland
Mateusz Drejka has over 13 years’ experience in production and operations management
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Johnson Outdoors Q1 sales up 31%
Higher fishing equipment sales drive turnaround for US marine equipment manufacturer
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Freedom Boat Club opens third NZ location
Queenstown location brings New Zealand footprint to three facilities
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Finnboat marks 80 years of Finnish boat building history
The federation has published a book tracing the industry’s development from post-war reconstruction to the present day
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Cummins ends 2025 on a strong note with solid Q4
Net income up 42% in Q4, up 28% over full year of US engine builder
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Malibu FQ2 down across the board, exceeds internal expectations
US builder maintains its fiscal 2026 guidance, projecting net sales to remain flat or decline by mid-single digits compared to the previous year
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Patrick Q4 revenues up 9%, full-year sales up 6%
Q4 marine revenue up 24% YoY to $150m, full-year sales up 6% to $606m
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Zurich to acquire UK insurer, reshaping the superyacht insurance market
Proposed takeover of Lloyd’s specialist insurer highlights consolidation pressures across cyber and high-value leisure marine cover
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SABBEX welcomes AGOA extension, but reciprocal tariffs remain in force
African Growth and Opportunity Act renewed until December 31
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Finnish fibreglass boat builder to cease operations
Oy Marino Ab has decided to close its doors after nearly 70 years in business
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MasterCraft reports solid Q2 earnings on heels of MPX acquisition
US boat builder reports “results that exceeded expectations” in joint earnings call with newly acquired Marine Products Corp
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World Cat grows Florida service network
US builder appoints three new authorised servicing dealers
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MasterCraft acquires Marine Products Corp for US$232m
Acquisition of Chaparral, Robalo fibreglass boat brands to extend product offering across four categories with expanded sales network
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FixMold Marine Miami forms dedicated Marine Mold Division
New business to specifically address mould issues on boats and yachts
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YARE 2026: Full program announced
This year’s Yachting Aftersales & Refit Experience will focus on AI, sustainability, cybersecurity, and technological innovation
News
Medasia Marine completes landmark Flexiteek installation on 52m 'yacht villa'
Abu Dhabi-based firm achieves milestone in marine construction with completion of one of the largest Flexiteek synthetic decking installations ever undertaken
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